Bank charges Bank charges

7 months ago

I had a bank account which I was not using it for 3 to 5 years and it was a minor account my mother was guardian.
By my mistake my boss transferred money to that account of 6500rs
When i went to that bank, they are saying all the has deducted "bank charges"
And asking extra 2000rs for clearing all charges

Anik

Responded 7 months ago

View All Answers
A.Dear client,
Banks cannot levy additional fees while reactivating a dormant bank account according to RBI norms. To reactivate a dormant account, you must submit a completed application form to the bank detailing the reasons for the account's inactivity. You must be physically present at the branch, carrying valid residence and identity proof.
Helpful
Helpful
Share

Post Your Matter Post Your Matter

Talk to a Lawyer Talk to a Lawyer

Ask a question Ask a question

Vidhi Samaadhaan Vidhi Samaadhaan

Abhimanyu Shandilya

Responded 7 months ago

View All Answers
A.Dear Client

That is the irony that when a have a bank they seek charges for maintaining the account. If you wish to continue to use that account then you have no choice but to pay them the charges else you can ignore that account.
Helpful
Helpful
Share

Post Your Matter Post Your Matter

Talk to a Lawyer Talk to a Lawyer

Ask a question Ask a question

Vidhi Samaadhaan Vidhi Samaadhaan

Read Related Answers

question iconOnline job fraud
Dear Client, Please register a complaint with cyber security for online fraud and scam. Complaints can be reported through helpline number 1930 or on National Cybercrime Reporting Portal. Or you can a...
question iconLoan
Dear Client, A co-applicant/borrower is equally liable for repayment of the debt if the principal Borrower fails to repay it and if after exercising all the steps for recovery of debt against the Bor...
question iconCompassionate appointment
Dear Client, The SBI rules can not be breached. it could be the policy of the bank to not hire anyone. Please check with the rules and guidelines for heiring employees
question iconEducation Loan OTS
Dear Client, Try to go to the online portal of the said bank and complaint about grievance through the same. it is advisable to repay the loan amount within the stipulated time or you may face seizur...
question iconSbi account put on stop by cyber security
Dear Sir/Madam, Under the following provisions the Hon’ble Magistrate Court having ample powers to unfreeze the Bank accounts. Further, the Hon’ble Court has vast powers to hand over the properties/v...